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Alexandria Real Estate Equities (ARE) Stock Forecast & Price Target

Alexandria Real Estate Equities logo
$108.30 +2.41 (+2.28%)
(As of 11/22/2024 ET)

Alexandria Real Estate Equities - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
8
Buy
3

Based on 11 Wall Street analysts who have issued ratings for Alexandria Real Estate Equities in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 8 have given a hold rating, and 3 have given a buy rating for ARE.

Consensus Price Target

$127.30
17.54% Upside
According to the 11 analysts' twelve-month price targets for Alexandria Real Estate Equities, the average price target is $127.30. The highest price target for ARE is $154.00, while the lowest price target for ARE is $112.00. The average price target represents a forecasted upside of 17.54% from the current price of $108.30.
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ARE Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
8 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$127.30$131.22$131.22$144.33
Forecasted Upside17.54% Upside12.75% Upside8.27% Upside37.30% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy

ARE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ARE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Alexandria Real Estate Equities Stock vs. The Competition

TypeAlexandria Real Estate EquitiesFinance CompaniesS&P 500
Consensus Rating Score
2.27
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside17.54% Upside10.24% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent ARE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024JMP Securities
2 of 5 stars
A. Hecht
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Lower TargetMarket Outperform ➝ Market Outperform$140.00 ➝ $130.00+20.08%
11/15/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 DowngradeBuy ➝ Hold$135.00 ➝ $112.00+3.45%
11/8/2024Robert W. Baird
2 of 5 stars
 Lower TargetOutperform ➝ Outperform$137.00 ➝ $130.00+14.36%
10/24/2024Royal Bank of Canada
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M. Carroll
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Reiterated RatingOutperform ➝ Sector Perform$130.00 ➝ $125.00+7.43%
10/23/2024Wedbush
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R. Anderson
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Lower TargetNeutral ➝ Neutral$130.00 ➝ $120.00+0.80%
10/23/2024Evercore ISI
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S. Sakwa
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Lower TargetIn-Line ➝ In-Line$129.00 ➝ $124.00+4.51%
9/25/2024BMO Capital Markets
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D. Dodge
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UpgradeHold
9/13/2024Citigroup
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N. Joseph
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DowngradeBuy ➝ Neutral$130.00 ➝ $125.00+2.55%
8/2/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$136.00 ➝ $127.00+10.42%
7/29/2024Bank of America
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 DowngradeBuy ➝ Neutral$151.00 ➝ $126.00+5.95%
1/3/2024Mizuho
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 Boost TargetBuy ➝ Buy$145.00 ➝ $154.00+19.08%
10/11/2023BNP Paribas
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 Initiated CoverageNeutral$108.00+6.16%
2/2/2023JPMorgan Chase & Co.
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 Boost TargetOverweight$176.00 ➝ $177.00+8.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:27 AM ET.


Should I Buy Alexandria Real Estate Equities Stock? ARE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Alexandria Real Estate Equities pros and cons to contact@marketbeat.com.

Alexandria Real Estate Equities
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Alexandria Real Estate Equities, Inc.:

  • Recent revenue growth of 10.9% compared to the same quarter last year indicates strong operational performance, suggesting the company is effectively managing its properties and generating higher income.
  • The current stock price is $114.04, which reflects a stable market position and provides a potential entry point for investors looking to capitalize on future growth.
  • Institutional ownership is high at 96.54%, which often indicates confidence from large investors in the company's long-term prospects and stability.
  • Despite a recent earnings miss, the company reported revenue of $791.60 million, exceeding analyst estimates, which may suggest resilience in its business model.
  • The company has a manageable debt-to-equity ratio of 0.56, indicating a balanced approach to leveraging, which can be attractive to risk-averse investors.

Alexandria Real Estate Equities
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Alexandria Real Estate Equities, Inc. for these reasons:

  • The company reported earnings per share (EPS) of $0.96, significantly missing the consensus estimate of $2.38, which may raise concerns about its profitability and operational efficiency.
  • With a price-to-earnings (P/E) ratio of 69.32, the stock may be considered overvalued compared to industry peers, suggesting that investors could be paying a premium for future earnings.
  • The current ratio and quick ratio are both at 0.20, indicating potential liquidity issues, which could affect the company's ability to meet short-term obligations.
  • Recent stock performance has shown volatility, with a 52-week low of $102.24, which may deter risk-averse investors looking for stability.
  • High institutional ownership can sometimes lead to increased volatility if large investors decide to sell their stakes, potentially impacting stock price negatively.

ARE Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Alexandria Real Estate Equities is $127.30, with a high forecast of $154.00 and a low forecast of $112.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexandria Real Estate Equities in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ARE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARE, but not buy additional shares or sell existing shares.

According to analysts, Alexandria Real Estate Equities's stock has a predicted upside of 17.54% based on their 12-month stock forecasts.

Over the previous 90 days, Alexandria Real Estate Equities's stock had 2 downgrades and 1 upgrade by analysts.

Alexandria Real Estate Equities has been rated by research analysts at BMO Capital Markets, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, JMP Securities, Robert W. Baird, Royal Bank of Canada, and Wedbush in the past 90 days.

Analysts like Alexandria Real Estate Equities less than other "finance" companies. The consensus rating score for Alexandria Real Estate Equities is 2.27 while the average consensus rating score for "finance" companies is 2.49. Learn more on how ARE compares to other companies.


This page (NYSE:ARE) was last updated on 11/23/2024 by MarketBeat.com Staff
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